The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1887-12-17
sALr Lake 8 Los ANaELns.

ties who are known to be on friendly
terms with the Southern Pacific are
prominent in the new scheme. This
startling find" naturally leads to sep
position, and this latter takes the
newspaper guesser into the field OF
fancy first, and to form conclusion
next. We find him putting Ajs ard
that together" and then, after getting
the combination TO suit him, he de-
clares his conviction as firmly as if the
structure which he has erected had not
foHndationo of the gauziest fancy. II
is now declared with a pesitiveness that
does not contemplate the probability OF
possibility of doubt being raised against
the assertion, that the Southern Pa
ciic is the prime mover OF the Salt Lake
Il Los Angeles scheme and is back of
the project; that the parties who have
been and are operating in the matter
are simply agents OF the Southern Pa
ciGc; and that when the road shall be
built it will transpire that the money of
Southern Pacific men paid for the con-
struotion and that these men will own
the road. It should not be
necessary to.declare that the assertions
Of California newspapers here referred
TO are the baldest OF fiction. a no
ment'5 thought would convince any IN
telligent person that the stories could
not be true. Yet, there are those who
believe the declarations of these very
wise and enterprising journalists, and
so believing are losing faith in the sue
cess of and promised benefits from the
proposed railroad. The setting forth OF
q few plain and well-knoWn facts will
settle the matter with persons capable
of reasoning, whether or not the South
ern Pacific is interested il the salt Lake
IL Los Angeles scheme. The Southern
Pacific owns two transcontinentai rail
way lines, the business of both of which
the new road will necessarily cut into
TO greater or less extent. The 8. P
now has absolute control Of the Pacific
Coast tranScontinentaI traffic to and
from all points south OF Oregon if it
had a dozen railroads running east
ward from California it couldn't have
irmer grip on the traffic than it now
holds. Then why should it sink 500,
000, 900 in new line which would not
help it, but would be thing of actual
expense in view of the fact that its
two roads sshave and can handle all
the businessi The Southern Pacific
magnates are wise fnanciers, excellent
railroad managers and thoroughly
thrifty men; they have millions, which
they have gathered through the wisdom
and not the foolishnsss of their opera
tons. Having gotten money they do
not seek opportunities to throw it away,
nor are they hunting for chances to-
employ it to their own material injury.
Again, if the Southern Pacific were at
the bottom of this scheme, would men
not connected with the s. P. be working
hard to get money to put into the
enterprise? Hardly. The Southern
Pacific, if it desired the road, if it in
tended to build it, would not send
strangers out into the market toIborrow
money. The Southern Pacific encount
ers no difficulty in getting money. Its
bonds are at a premium, ard its
guarantee is as good as gold coin. If it
deemed it advisable to construct the
road, it would go to work and do it,
without buster, and without going to
the trauole of first iuquiring If it could
borrow tue money. e.
TIE HERALD can assure its readers
that up to the present the Southern
Pacific has no interest in the Salt
Lake & Los Angeles, the Rsser-
tons of tie enterprising Cali
tornia editors to the contrary, not
withstanaing. What has been
done has been done by indi-
viduals, and these individuals will
carry the scheme through to success if
pluc6. hard work and intelligent effort
can make Ii succeed. The prospect is
exceedingly promising, and there seem
few obstacles in the way of COM
mencing operations early in the spring
THE HERALD does not mean to be I'M
derstood in this matter as being OPP
posed 20 the Southern Pacific company
or Southern Pacific people becoming in
terested in, or from their COM
trolling the Salt Lake aud Los Angeles.
Salt Lake City wants the road. That
the line should be owned by an indie
pendent com pany would be preferable,
but il that cannot be, we hope another
railroad will go ahead with it, the
choice first being with the Southern
Pacific. Utah is not afraid of the
Southern Pacific ownership of railroads
e ,bJs Tsrri,ory